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Time is running out! Find out what an equipment purchase could mean for your business this tax year.

With less than 60 days left in 2017, we wanted to remind you of the Section 179 Deduction and bonus tax depreciation on equipment purchased before the end of the year. Your business can receive up to a $500,000 tax deduction on equipment purchases made in 2017. Additionally, take advantage of 50% bonus depreciation (for acquisitions of new equipment only) after the $500,000 cap is reached. Purchases must be made by December 31st to qualify for the 2017 tax year.

The Section 179 Deduction and Bonus Depreciation has a real impact on your business. Here is an example calculation of the deduction: